• Oman

    • Oman Post, Asyad Express sign two investment agreements in real estate development

    By on October 31, 2023

    Muscat: Asyad Group, represented by Oman Post and Asyad Express, has forged an investment partnership with Wujha Real Estate Development Company and Bayan Investment House.

    This initiative perfectly aligns with Asyad Group’s strategy to actively involve the private sector in the development and investment of its assets.

    The signed agreements translate Asyad Group’s comprehensive land investment strategy, strategically designed to enhance its assets through Design, Build, Finance, Operate, and Transfer (DBFOT) arrangements with private entities.

    As part of the agreements, the two real estate companies will invest in two of Asyad’s strategically significant locations in the wilayats of Bausher and Al Amirat.

    The agreements were signed by Sheikh Ibrahim Sultan Al Hosni, Acting CEO of Oman Post and Asyad Express, Sheikh Fahad Mohammed Al Khalili, CEO of Bayan Investment House and Ali Sultan Al Hashmi, CEO of Wujha Real Estate Development.

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